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Bullboard - Stock Discussion Forum Frontera Energy Corp T.FEC

Alternate Symbol(s):  FECCF

Frontera Energy Corporation is a Canada-based oil and gas company. The Company is involved in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America, including related investments in both upstream and midstream facilities. The Company has a diversified portfolio of assets with interests in 27 exploration and production blocks in... see more

TSX:FEC - Post Discussion

Frontera Energy Corp > The 2 Vulture Capitalist now control 54% of the Company
View:
Post by kcac1 on Apr 27, 2024 11:35am

The 2 Vulture Capitalist now control 54% of the Company

VOTING SHARES AND PRINCIPAL HOLDERS THEREOF

As of April 4, 2024, the Corporation has 84,663,116 issued and outstanding Common Shares, each carrying one vote.

Only Shareholders of record at the close of business on the Record Date, who either virtually attend the Meeting or who have properly completed and delivered a Proxy Form or VIF in the manner and subject to the provisions described above, will be entitled to vote or to have their Common Shares voted at the Meeting.

To the knowledge of the Corporation, there is no person or company who beneficially owns, or controls or directs, directly or indirectly, voting securities carrying 10% or more of the voting rights attached to any class of voting securities in the capital of the Corporation, other than:
  •  The Catalyst Capital Group Inc.       34,775,609 shares     41%
  • Gramercy Funds Management LLC  11,300,032  shares    13%
(1) Catalyst and the Gramercy on the System for Electronic Disclosure by Insiders (SEDI) at www.sedi.ca, as at April 4, 2024.
(2) The Chair of the Board, Gabriel de Alba, is the managing partner and director of Catalyst
Comment by SportyJ on Apr 27, 2024 12:13pm
So as of April 4th the 16.8m mystery shares block traded prior to April 4th stayed with Catalyst and or Gramercy.  No Sedi/Sedar filing is still strange but oh well.
Comment by kcac1 on Apr 27, 2024 2:42pm
Lots of Stranger Things with this stock. Maybe that means something good is finally going to happen or maybe we just get screwed by the market manipulaters once again. If you expand your Sedi search back to 2016 you can see Catalyst establishing their opening positions and they have multiple Sedi accounts. They added PRE/FEC shares to both their fund IV and fund V after Catalyst took over PRE ...more  
Comment by Frank007 on Apr 27, 2024 6:31pm
Thanks kcac for the input ...I will vote ...why not ...should be an interesting age.    Video interaction ......still say it a shake out ...that's how I would play it ....very very  cheap shares ....fcf ...next quarter should be around 30% ....special dividend ....probablyy ..if no farm in by then ...
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